Investar had total assets of $674 million as of March 31 and 10 branches, two each in Baton Rouge and Mandeville, and one each in Metairie, Lafayette, Prairieville, Port Allen, Denham Springs and Hammond. Investar has about 170 employees at its branches.

The bank is currently building a branch on Highland Road, in front of Alexander’s Highland Market. That branch is set to open sometime in the next few months. Last month, Investar bought land for a branch at the intersection of Airline Highway and Commerce Centre Drive in Prairieville. That branch should open by the end of the year. A second Lafayette branch, at 1510 Kaliste Saloom Road near River Ranch, is also in the works.

The bank was founded in June 2006 with an initial capitalization of $10.1 million from local investors.